KeshaH
Expert Alumni

Deductions & credits

No, you wouldn't be eligible to receive the Child Tax Credit if you had no income in 2024. The Child Tax Credit is made up of two parts - a nonrefundable portion and a refundable portion.

 

The nonrefundable portion can only reduce your tax liability down to zero. Without any income, you wouldn't have any tax liability so your Child Tax Credit would be $0.

 

The refundable portion of the Child Tax Credit is called the Additional Child Tax Credit and is up to $1,700 per qualifying child. However, you would have to have at least $2,500 in earned income (for example, wages) to qualify for this credit. Because you don't have any earned income, your Additional Child Tax Credit would also be $0.

 

For more information, see the following resources:

- What you need to know about the Child Tax Credit

- What is the Additional Child Tax Credit